Senior Manager, Model Risk & Fraud Analytics

Charles Schwab; Southlake (TX); Hybrid; USD 120,000 - 180,000; Full time

Job summary

Charles Schwab is seeking a Senior Manager, Model Risk Oversight focused on model validation and broader oversight initiatives. The role requires strong quantitative skills and experience with fraud and AML models, with opportunities for advancement in a hybrid work environment.

Responsibilities include validating models per SR 26-2, preparing validation reports, and coordinating with internal analysts and external consultants. Seniority may vary based on experience.

Qualifications

• Strong quantitative skills with fraud/AML model experience.
• Experience validating models per SR 26-2 guidance.
• Knowledge of U.S. banking regulations and model governance.

Responsibilities

• Validate models in accordance with SR 26-2, including documentation and data integrity.
• Prepare validation reports and present findings to model owners and senior management.
• Partner with internal analysts and external consultants on validation activities.
• Evaluate model performance monitoring and complete annual model reviews.

Skills

Fraud AML experience

Quantitative analysis

Model governance

Python/SAS/R

US banking regulations

Education

Advanced degree in statistics/math/physics/engineering/economics

PhD in quantitative field (preferred)

Tools

Python

SAS

R

Job description

Charles Schwab is seeking a Senior Manager, Model Risk Oversight focused on model validation and broader oversight initiatives. The role requires strong quantitative skills and experience with fraud and AML models, with opportunities for advancement in a hybrid work environment.

Responsibilities include validating models per SR 26-2, preparing validation reports, and coordinating with internal analysts and external consultants. Seniority may vary based on experience.